Sainsbury and NHS Assignment Example | Topics and Well Written Essays - 1500 words

Sainsbury and NHS - Assignment Example The paper analyzes Sainsbury and NHS based of their financial and accounting performances. First paper of the paper analyzes the financial performance of the two companies whereas the second part comments upon the accounting profit as a measure to the organization. This includes critical discussion on the relevance of accounting profit as a performance measure in an organization. The financial analysis of two companies would be based on the CORE framework. Sainsbury Plc is a company listed in London Stock Exchange and is engaged in primarily the retailing business. The other businesses of the company include financial services and retail investment businesses within UK (Sainsbury Annual Report 2010). With the help of e-commerce technologies, the company provides home-delivery shopping services to its customers through internet. With a market capitalization of 1.59 billion, the company currently operates in over 900 stores in and around UK. The company was incorporated in 1869 with he adquarters in London (Sainsbury Annual Report 2010). National Health Service (NHS) was incorporated in 1948 in United Kingdom and is now the world’s largest publicly funded health service. The services of national health services are free of cost for anyone residing in UK. . It covers everything from antenatal screening to open heart surgery, accident and emergency treatment and end-of-life care (NHS Choices 2011). NHS is also certified with The Information Standard. NHS also has a fully functional website, which helps patients to provide online information and online services  . A patient can have access to the medical advice through the website of NHS (NHS Choices 2011). It also has a symptom checker that can assist patients in determine their disease, by checking for the symptoms and matching it with their own level of comfort. Analysis Sainsbury Key Financials       31/03/2010    31/03/2009    31/03/2008    31/03/2007    31/03/2006    mil GBP mil GBP mil G BP mil GBP mil GBP                   Turnover 19,964 18,911 17,837 17,151 16,061 Profit (Loss) before Taxation 733 466 479 477 104 Net Tangible Assets (Liab.) 7,918 6,954 6,850 6,680 7,746 Shareholders’ Funds 4,966 4,376 4,935 4,349 3,886 Profit Margin (%) 3.67 2.46 2.69 2.78 0.65 Return on Shareholders’ Funds (%) 14.76 10.65 9.71 10.97 2.68 Return on Capital Employed (%) 9.09 6.55 6.83 6.96 1.31 Liquidity Ratio (x) 0.41 0.30 0.40 0.50 0.68 Gearing (%) 63.81 66.09 44.54 65.97 169.92 Number of Employees 97,300 97,300 98,600 95,500 96,200 Top Grocery Stores Companies by Market Cap Company Symbol Price Change Market Cap P/E Tesco PLC TSCO.L 407.25   0.27% 10.87B 437.90 J Sainsbury PLC SBRY.L 341.90   0.06% 1.59B 236.77 Greggs PLC GRG.L 513.00   0.59% 1.53B 4,130.14 Wm Morrison Supermarkets PLC MRW.L 288.30   0.70% 1.53B 246.41 Ocado Group PLC OCDO.L 234.80   3.25% 1.22B N/A Wesfarmers Limited WESN.AX 33.31   0.42% 77.08B 41.40 Source: NHS Key Fina ncials PROFILE 31-01-10 31-01-09 31-01-08 31-01-07 31-01-06 Turnover 214,300 248,000 236,100 241,300 246,300 Profit (Loss) before Taxation -8,700 -17,400 3,100 4,000 15,700 Net Tangible Assets (Liab.) 70,700 102,600 104,900 107,300 114,800 Shareholders’ Funds 71,100 102,200 117,000 119,700 125,900 Profit Margin (%) -4.06 -7.02 1.31 1.66 6.37 Return on Shareholders’ Funds (%) -12.24 -17.03 2.65 3.34 12.47 Return on Capital Employed (%) -11.90 -16.59 2.61 3.29 12.28 Liquidity Ratio 1.21 1.33 1.62 1.52 1.51 Gearing Ratio (%) 2.81 3.23 3.93 7.60 4.77 Number of Employees 3,173 3,407 3,247 3,183 3,082 Ratio Analysis For analyzing the financial performance of Sainsbury and NHS, ratios would be an effective tool of control. In the

Smarties Chromatography Research Paper Example | Topics and Well Written Essays - 1000 words

Smarties Chromatography - Research Paper Example The sample candies will be taken from a regular pack of Smarties. The product information detailing the ingredients of the candy will be utilized to reference what chemicals have been used for each of the colors selected. The experiment is expected to be able to breakdown the color composition of the color of Smarties that have been selected. It can be reasonably predicted that specific colors have a determined combination of pigments and would likely vary directly to the degree of similarity between the colors ("Chromatography: Introduction Theory", 2007). At the same time, it can be expected that the chemicals or substances used for each color will vary in a parallel manner. The experiment results are also expected not to follow faithfully color combination schemes since chemical reactions must also be considered ("Chromatography", 2006). Also, the researchers can expect that some of the color additives are not just to affect the colors for the candies but may also serve to enhance or to stabilize the color. Chromatography is actually a broad term that refers to several laboratory techniques that can be used for the separation of mixtures. The basic principle in any chromatographic experiment involves the processing of a mixture through a stationary phase that separates the mixture to be analyzed or studied to identify it from the other molecules in mixture ("Chromatography: Introduction Theory", 2007). This has the effect of isolating individual molecules in the mixture that can be seen as a band in the separating medium. Chromatography in laboratory settings entails the use of sophisticated equipment and the materials used like chromatographic paper is quiet expensive. However, chromatographic experiments can be done using ordinary materials that can be found in one's kitchen as long as the basic principles are maintained as described in the preceding paragraph. Variable to Consider In order to maintain the integrity of the experiment, it is important to maintain uniformity of the solution to dissolve and extract the pigmentation form the candies, the number of candies to be used in each extraction, the saline solution to be used for the separation of the samples, the integrity of the sampling and the ambient condition for each sampling. In the course of the experiment, the research is expected to have difficulty in limiting the sugar content of the samples during color extraction. There may be also difficulty in being able to have equal numbered sample colors from each pack of Smarties since they are packed indiscriminately. There should also be some expected difficulty in developing pigment or color samples that are of equal concentration since density of color coatings may vary during the production of the candies. In the observance of the color spectrum that will become evident, the research is limited into observing what colors will compose each candy. The observations will not consider the intensity of the colors or the amount of time they develop on the medium to be used. The observations will focus on quantifying the colors or pigments used from each extracted sample rather than qualifying any of the observations Preliminary Work As part of the preliminary investigation for